News Centre

SEC Charges Former Software Executive With FCPA Violations

Date 13/08/2015

The Securities and Exchange Commission today announced that a former executive at a worldwide software manufacturer has agreed to settle charges that he violated the Foreign Corrupt Practices Act (FCPA) by bribing Panamanian government officials through an intermediary to procure software license sales.

MIAX Options - Enhanced Risk Protections For MIAX Market Makers Aggregate Risk Manager (“ARM”) - Available September 1, 2015

Date 12/08/2015

MIAX has filed to amend Rule 612, Aggregate Risk Manager (“ARM2”) to provide Enhanced ARM Protections for Exchange Market Makers. Under the new rule, Market Makers may determine to engage either or both of the following Enhanced ARM Protections in the System:  the Class Protection feature and the Market Maker Firm Protection feature.

Latest Issue Of FIA SEF Tracker Now Available

Date 12/08/2015

CFTC Swaps Report Update

Date 12/08/2015

MIAX Options - Enhanced Risk Protections For MIAX Market Makers Optional Reset On Quote - Available September 1, 2015

Date 12/08/2015

MIAX has filed to amend Rule 612, Aggregate Risk Manager (“ARM”) to make optional the Reset on Quote functionality included in the MIAX ARM.

FINRA Fines StockCross Financial Services, Inc. $800,000 For Regulation SHO Violations

Date 12/08/2015

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined StockCross Financial Services, Inc. $800,000 for Regulation SHO violations and for related supervisory violations that spanned more than three years. As part of the sanctions, StockCross is ordered to provide a report to FINRA regarding the effectiveness of its Reg SHO supervisory system within six months.

Gary Katz President And Chief Executive Officer Of The International Securities Exchange To Appear Before U.S. Department Of Labor To Discuss The Proposed Conflict Of Interest Rule

Date 12/08/2015

Gary Katz, President and Chief Executive Officer of the International Securities Exchange, tomorrow will participate in a public hearing hosted by the U.S. Department of Labor to collect feedback on the agency’s proposed Conflict of Interest Rule. Mr. Katz will deliver remarks on behalf of the U.S. Securities Market Coalition, which represents the twelve U.S. options exchanges and OCC (The Options Clearing Corporation). The Coalition previously submitted a comment letter on the proposed rule, which is available here.

EEX, EPEX SPOT, Gaspoint Nordic And Powernext Publish Common FAQ Document On REMIT Data Services Agreement

Date 12/08/2015

Today, the Organised Market Places (OMPs) European Energy Exchange (EEX), EPEX SPOT, Gaspoint Nordic and Powernext have published a common FAQ document that ex-plains integral parts of the REMIT Data Service Agreement. This agreement enables members to delegate the reporting of transaction data according to Article 8 of the EU Regulation No. 1227/2011 on Wholesale Energy Market Integrity and Transparency (REMIT) to all or a selection of these OMPs.

Wiener Borse: Flow Traders B.V., Amsterdam (NL) Assumes Obligation As Market Maker

Date 12/08/2015

As of Thursday, August 13, 2015, Flow Traders B.V., Amsterdam (NL) assumes the obligation as market maker for the following instruments:

Cross Listing Of Exchange Traded Funds On African Exchanges - Investors To Gain Exposure To Shares Listed On Johannesburg, Kenyan And Nigerian Stock Exchanges

Date 12/08/2015

There is a move afoot that will lead to improved liquidity on Africa’s exchanges. This move will see increased cross listings of Exchange Traded Funds (ETF’s) on the larger exchanges on the continent. There is a concerted effort from ETF issuers in various markets to cross list new and existing ETF’s on to other exchanges, and the exchanges themselves are working to ensure that the right frameworks are in place to enable this.